Jeremy Lefroy
Main Page: Jeremy Lefroy (Conservative - Stafford)Department Debates - View all Jeremy Lefroy's debates with the Leader of the House
(10 years, 9 months ago)
Commons ChamberI will, of course, do so. It is one of my responsibilities to assist Members by ensuring that my colleagues respond to them on such issues.
I thank the Leader of the House for his fitting tribute to the brave soldier from 3rd Battalion the Mercian Regiment, the Staffords. Our thoughts and prayers are with his family, friends and fellow Mercians.
May we have a debate on the responsibility of banks for the way in which their financial products are sold by agents? My constituent, Mr Locke, was sold a product by an agent for Barclays in such a way that, without his knowledge, he was unable to claim the protection of section 75 of the Consumer Credit Act 1974 when the service was not delivered in the way that had been promised.
I will talk to my right hon. and hon. Friends at the Treasury about securing a response on that matter. The work of the Financial Conduct Authority will enable some of those issues to be pursued. The Financial Services (Banking Reform) Bill is being considered in another place. When it returns to this House, I hope that the measures will be further strengthened to protect consumers in the way that my hon. Friend describes.